Common use of New Development Clause in Contracts

New Development. New development shall be defined as that which is undertaken to any undeveloped parcel that existed at the time of implementation of this policy. On March 1, 2003, FEMA became part of the U.S. Department of Homeland Security (DHS). In order for a community to participate in the FEMA National Flood Insurance Program, it must first define base flood elevations and adopt a floodway for all its major streams and tributaries.

Appears in 4 contracts

Samples: Interlocal Cooperation Agreement, Interlocal Cooperation Agreement, Interlocal Cooperation Agreement

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